Mayfair Gallery Limited in Harrow, HA1 2AW

Description

Data updated on: 01-11-2023

Mayfair Gallery Limited has been prospering in the business for 41 years. Started with registration number 01742251 in 1983, it is based at Lynwood House, Harrow HA1 2AW. This firm's Standard Industrial Classification Code is 47799 : Retail sale of other second-hand goods in stores (not incl. antiques). Thursday 31st March 2022 is the last time account status updates were reported.

As the data suggests, this particular limited company was created 41 years ago and has so far been supervised by two directors. To provide support to the directors, this limited company has been using the skills of Frances S. as a secretary since 1992.

Executives with significant control over the firm are: James S. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Matitiyahu S. owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	3 251 950	3 640 230	3 895 639	4 119 507

Balance Sheet
Cash Bank On Hand				958 596	1 002 016	568 199	1 263 433	1 136 623	835 566	720 680	1 136 009	1 114 818
Current Assets	5 818 399	6 044 037	7 741 710	8 775 499	7 630 823	6 299 056	7 337 465	7 787 134	7 280 265	8 056 353	9 231 694	8 589 808
Debtors	60 905	77 605	85 074	201 123	631 366	62 577	160 418	462 336	296 485	947 085	1 240 669	1 825 355
Net Assets Liabilities				4 119 509	4 844 582	4 933 548	5 153 238	5 781 089	6 080 074	7 076 576	7 884 312	8 259 078
Other Debtors					522 052	45 170	15 000	445 000	263 943	800 000	1 105 117	1 526 003
Property Plant Equipment				65 363	64 763	2 239 975	2 226 185	2 213 173	2 203 027	2 292 297	2 354 489	2 323 239
Total Inventories				7 615 780	5 997 441	5 668 280	5 913 614	6 188 175	6 148 214	6 388 588	6 855 016
Cash Bank In Hand	315 027	152 411	28 377	958 596
Stocks Inventory	5 442 467	5 814 021	7 628 259	7 615 780
Tangible Fixed Assets	94 115	79 525	69 380	65 363

Capital & Reserves
Called Up Share Capital	3	3	3	200
Profit Loss Account Reserve	3 251 947	3 640 227	3 895 636	4 119 307
Shareholder Funds	3 251 950	3 640 230	3 895 639	4 119 507

Other Financial Data
Audit Fees Expenses				6 500	9 750
Accrued Liabilities Deferred Income				14 203	190 487	12 762	16 229	14 985	56 515
Accumulated Depreciation Impairment Property Plant Equipment				108 564	118 471	154 406	187 790	215 908	245 258	284 073	261 414	296 666
Additions Other Than Through Business Combinations Property Plant Equipment					14 137
Administrative Expenses				665 423	710 791
Average Number Employees During Period								11	11	11	10	9
Bank Borrowings				1 000 000	509 654
Bank Borrowings Overdrafts				500 000	509 654	1 466 805	1 312 622	1 179 319	1 027 829	838 892	907 269	857 459
Comprehensive Income Expense				318 555	844 847
Corporation Tax Payable				136 550	212 506	15 051	78 664	226 878	153 118
Cost Inventories Recognised As Expense Gross				5 131 331	6 429 262
Cost Sales				5 131 331	6 429 262
Creditors				500 000	2 839 457	1 466 805	1 312 622	1 179 319	1 027 829	838 892	907 269	857 459
Current Tax For Period				82 586	212 506
Debt Securities Held				206 639	588 793
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences				3 318	5 475
Dividends Paid				94 685	119 774
Dividends Paid Classified As Financing Activities				-94 685	-119 774
Finished Goods Goods For Resale				7 615 780	5 997 441
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities				173 906	490 346
Further Item Tax Increase Decrease Component Adjusting Items				-3 318	5 475
Future Minimum Lease Payments Under Non-cancellable Operating Leases							977 500	807 500	767 500	532 500	297 500	143 499
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss				18 691	8 502
Gross Profit Loss				1 111 023	1 494 977
Income Taxes Paid Refund Classified As Operating Activities				-80 000	-136 550
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				-1 916 027	-43 420
Increase From Depreciation Charge For Year Property Plant Equipment					14 737	35 935	39 231	40 078	38 095	38 815	36 217	35 252
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings				41 141	31 358
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				269 861	270 573
Interest Payable Similar Charges Finance Costs				41 141	31 358
Issue Bonus Shares Decrease Increase In Equity				-197
Net Cash Flows From Used In Financing Activities				-513 771	610 120
Net Cash Flows From Used In Investing Activities				8 329	14 137
Net Cash Flows From Used In Operating Activities				-1 410 585	-667 677
Net Cash Generated From Operations					-835 585
Net Current Assets Liabilities	3 403 721	3 742 663	3 936 787	4 560 216	4 791 366	4 205 084	4 276 690	4 778 079	4 917 671	5 648 816	6 457 932	6 812 516
Net Interest Paid Received Classified As Operating Activities				-41 141	-31 358
Number Shares Issued Fully Paid							25
Operating Profit Loss				445 600	1 094 186
Other Creditors					449 855	371 187	542 734	668 936	669 042	524 248	328 022	407 070
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					4 830		5 847	11 960	8 745		58 876
Other Disposals Property Plant Equipment					4 830		8 343	12 350	19 989		69 398
Other Operating Income Format1					310 000
Other Taxation Social Security Payable					14 434	33 713	39 818	31 597	168 621	296 731	399 248	196 516
Par Value Share		1	1	1			1
Pension Other Post-employment Benefit Costs Other Pension Costs				12 000	12 000
Prepayments Accrued Income					42 573	1 667	44 677	2 176	1 095	32 687	48 112	47 853
Profit Loss				318 555	844 847
Profit Loss On Ordinary Activities Before Tax				404 459	1 062 828
Property Plant Equipment Gross Cost				173 927	183 234	2 394 381	2 413 975	2 429 081	2 448 285	2 576 370	2 615 903	2 619 905
Provisions For Liabilities Balance Sheet Subtotal				6 072	11 547	44 706	37 015	30 844	12 795	25 645	20 840	19 218
Purchase Property Plant Equipment				-8 329	-14 137
Repayments Borrowings Classified As Financing Activities				-217 638
Social Security Costs				20 080	15 231
Staff Costs Employee Benefits Expense				254 541	208 879
Taxation Including Deferred Taxation Balance Sheet Subtotal				6 072	11 547
Tax Increase Decrease From Effect Capital Allowances Depreciation				-2 306	-3 136
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				10 636	3 076
Tax Tax Credit On Profit Or Loss On Ordinary Activities				85 904	217 981
Total Additions Including From Business Combinations Property Plant Equipment						2 211 147	27 937	27 456	39 193	128 085	108 931	4 002
Total Assets Less Current Liabilities	3 497 836	3 822 188	4 006 167	4 625 579	4 856 129	6 445 059	6 502 875	6 991 252	7 120 698	7 941 113	8 812 421	9 135 755
Trade Creditors Trade Payables				33 372	1 462 521	1 540 064	2 235 589	1 926 137	1 378 925	1 405 966	1 921 421	1 086 265
Trade Debtors Trade Receivables				148 552	66 741	15 740	100 741	15 160	31 447	114 398	87 440	251 499
Turnover Revenue				6 242 354	7 924 239
Wages Salaries				222 461	181 648
Creditors Due After One Year	238 214	177 318	107 774	500 000
Creditors Due Within One Year	2 414 678	2 301 374	3 804 923	4 215 283
Number Shares Allotted		3	3	25
Provisions For Liabilities Charges	7 672	4 640	2 754	6 072
Share Capital Allotted Called Up Paid	3	3	3	25

Company staff

Matitiyahu S.

Role: Director

Appointed: 03 January 1994

Latest update: 14 February 2024

Frances S.

Role: Director

Appointed: 08 July 1992

Latest update: 14 February 2024

Frances S.

Role: Secretary

Appointed: 08 July 1992

Latest update: 14 February 2024

People with significant control

James S.

Notified on 4 January 2023

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Matitiyahu S.

Notified on 6 April 2016

Nature of control:

over 1/2 to 3/4 of shares

over 1/2 to 3/4 of voting rights

Accounts Documents

Account next due date	30 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	17 January 2024
Confirmation statement last made up date	03 January 2023

Annual Accounts 18 December 2013
Start Date For Period Covered By Report	2012-04-01
End Date For Period Covered By Report	2013-03-31
Date Approval Accounts	18 December 2013
Annual Accounts 17 December 2014
Start Date For Period Covered By Report	2013-04-01
End Date For Period Covered By Report	2014-03-31
Date Approval Accounts	17 December 2014
Annual Accounts 23 December 2015
Start Date For Period Covered By Report	2014-04-01
End Date For Period Covered By Report	2015-03-31
Date Approval Accounts	23 December 2015
Annual Accounts
Start Date For Period Covered By Report	2015-04-01
End Date For Period Covered By Report	2016-03-31
Annual Accounts
Start Date For Period Covered By Report	2016-04-01
End Date For Period Covered By Report	2017-03-31
Annual Accounts
Start Date For Period Covered By Report	2017-04-01
End Date For Period Covered By Report	2018-03-31
Annual Accounts
Start Date For Period Covered By Report	2018-04-01
End Date For Period Covered By Report	2019-03-31
Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	2020-03-31
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	2021-03-31
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

Mayfair Gallery Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Matitiyahu S.

Frances S.

Frances S.

People with significant control

James S.

Matitiyahu S.

Accounts Documents

Company filings

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